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Thought about it....
Guessing/Hoping 168B of the current 168.84B (My numbers are estimates) are converted to crypto. The owners of these BigTokens are Red Diamond, SRAX, CFO and Feldman.
These BigTokens are listed for sale on exchanges.
When users of app cash out. BigToken buys bigtokens via cash off exchange to compensate users for their data. Doing so supplies a steady influx of “buyers” of BigTokens
Individual investors can also buy BigTokens as investment.
SRAX shareholders are also awarded BigTokens as dividends.
The OS had to be artificially raised to create crypto coins. Apple for example couldn’t create an Apple Coin to generate capital without authorizing an equal amount of shares.
As BigToken grows the “BigTokens”become more valuable as a steady amount of people are getting paid on the app each week that ideally is greater than the amount of individual investors are selling.
If I am correct this would take the pps to .05-.15 per share and via 100/1 reverse split would be $5 to $15 per share
No matter what the OS and AS are getting a greater than 90% reduction bc a reverse split alone doesn’t change the market cap
Its called BigToken for a reason......
same. I cashed out $15 a week for 10 or so weeks in a row. Use to answer 6-8 questions a day on avg
My buddies and I went from making $60 a month due to each of us having 10 person streams to being lucky to cash out $15 in a 4-5 week period.
I have no idea why they ran promotions to generate app users and then don’t provide those app users the opportunity to be paid for our data.
My hope from a stock perspective is they are converting all that dilution they did to crypto to be used as rewards as well as sold on exchanges.
It is indisputable that they are intentionally limiting the frequency app users can be paid $15 in cash over the last two months.
I have a large stream, do every survey, check in 4x a day and do all my daily bonuses and I can’t get to $15 a month.
I view it one of two ways....
1- They budgeted a certain amount of cash to get them until they release their “bigtoken crypto” and due to increase in users and ability to cash out they’ve gone through those funds quickly
or
2- Miglino is even more clueless than I thought and clearly thinks people are going to be active on the app to collect $50-$75 a year. If 2 is correct the app is dead and users will totally delete it and opt out. You can’t give people $15 a week for 10-15 mins a day of work then adjust it to $2.50 per week
$15 a week was already pointless for some people
$2-$3 a week has definitely reduced referrals/downloads/dynamic actions or log ins.
Im giving them until the end of Sept. Been a year since I bought this around .0015 initially.....
Bottom of cup forming. Accumulation zone. Top of cup is around 1.75
Then test 1.50 if it holds it will blow past $2 and up to 7
Short % was 58% today. Over 40M open short shares.
58% short on low volume and still green.
Shorts will lose everything
40M shares sold short currently outstanding. The squeeze will be epic
40M+ open short shares. This will soon rocket
Zuti can we get clarification on the RS
31.1M shares sold short currently open as of 7/15. More like 40M now
Agree
Who is the extra digit selling usually just under the ask? Its either the company, Red Diamond or Feldman imo.
last purchase .00427 for 200k shares
Yep. Gotta be converting to Crypto imo
Chris sucks imo
Yep. Need clarification.
HMBL and FPVD are my only two OTCs
What do you mean the RS will be ugly?
Still in or no? Feel better about HMBL or FPVD? Shorts have been relentless on HMBL which is a good sign longterm imo
IBB....I still have 22M here. You should really look at HMBL. I think it will go 100x over the next 5 years. It could do 350-500x
I have 632k shares in it. My only two OTC’s. I literally rolled my entire roth from an previous employer 401k into Fidelity to buy 220k of HMBL when it went under $1
The rest of my shares are in my taxable account. I’ll sell 100k of them when they get to $10 a share. Keep the rest and sell at $50-$100-$300
S1 was filled
Remember when Lou said crypto adjacent to Crypto centric?
Its gotta be coming soon
Could they announce it on their though if it wasnt public to All? I guess a corresponding news release could have done it
George Stella is listed as BigToken CEO on one of the screen shots I saw. Maybe from MicroCap twitter thing SRAX came up with...
Is he the CEO now? I know he was “promoted” to President.
Sucks
Doesnt sound like it. Really surprised. First ever crypto conf and no mention of crypto
They are signing all these Olympians for a reason.....Olympians can only move the needle every 4 years....
Borderless P2P with lower fees than competitors rolled out during the Olympics.....
I fully expect the app and investors vision being exposed to the world July 23rd-Aug 15
What a time to be alive!
Patents alone are worth 40-50B
SRAX liked this tweet
BIGTOKEN!
— FrankieC (@Fcermatori732) July 8, 2021
Amazing how low our expectations are for the company touting its self
No idea. Miglino blows
They are on the agenda to present
It will be
No shit
yep. I think 100 to 1 too
One thing that is puzzling....
So Lou was basically CEO for the first 4-5 months of the year.
Revenue of big
App Users up big
Expenses down
Profit Up
Eyes on BigToken/SRAX up huge
From a year over year standpoint....BigToken really grew. He must have really messed something up
Is Miglino giving us hints?
Check out "The Main Roadblocks To Crypto Moving Mainstream" by SRAX CEO Chris Miglino. #crypto #blockchainhttps://t.co/dGCkBEgjkw
— SRAX (@SRAXmedia) June 23, 2021
Huge News. Communication is vital and Luna is elite at speaking to the avg investor